Great presentation in this announcement... some key points were also made.
Interesting they also mentioned the convertible note is now gone.... and they are basically on the growth trajectory with resellers and partnerships in place around the world.
The Market Sizing opportunity is huge. "Of the $900+ billion environmental technology market, Envirosuite addresses $3-$4 billion."
One thing that got me further interested, it refers to revenue of $60-$80K per site?
They are currently monitoring 33 quality stations as part of the SCAQMD trials... I presume they means 33 x $70K (if we go down the middle) - so this is an extra $2.3 million in revenue alone based off just this trial if it succeeds? Not sure if I've got this right, but it shows the opportunity.
I presume if SCAQMD trials succeed this would multiply across the USA as they are targeting a small part of the country. This would obviously lead to $.
"Importantly, the sales approach is now moving from a site-by-site approach to the corporate level where one sale leads to many sites."
Again, money for jam at $60-$80K per site...
Seems like the company is finally putting everything together for the next phase.
Makes sense why Robin converted his note now.
Good luck folks.
EVS Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
